SARAWAK CABLE BERHAD

KLSE (MYR): SCABLE (5170)

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Last Price

0.13

Today's Change

+0.005 (4.00%)

Day's Change

0.11 - 0.145

Trading Volume

21,852,100


6 people like this.

4,777 comment(s). Last comment by mf 4 days ago

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-02-14 03:04 | Report Abuse

And close +3 sen to 1.53. Keep climbing slow and steady Scable.

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-02-14 03:19 | Report Abuse

Let us echo again Amresearch remarks in STAR recently:

State-owned Sarawak Energy Bhd (SEB) is also one of SCablemajor shareholders.

In a November 2013 note, AmResearch analysts who visited the company said Sarawak Cable was expected to secure more transmission jobs in the state.

And income from the big projects secured last year should start to trickle in the next Quarter earning.

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-02-14 03:48 | Report Abuse

Torstein and Wu exchanging documents after yesterday’s signing between Sarawak Energy and Malaysian Phosphate Additives (Sarawak) Sdn Bhd.

KUCHING: Sarawak Energy, via its wholly-owned subsidiary company Syarikat Sesco Berhad (Sesco), yesterday signed a Power Purchase Agreement (PPA) Term Sheet with Malaysian Phosphate Additives (Sarawak) Sdn Bhd for the supply of 150 MW of power.

The RM1.04 billion investment by Malaysian Phosphate Additives (Sarawak) Sdn Bhd signifies robust demand for energy and positive market dynamics in Sarawak.

Malaysian Phosphate Additives (Sarawak) Sdn Bhd’s 500,000MT per annum phosphorus plant is the first of its kind in the nation and the Asean region.

The penning of the agreement will be beneficial for their plant in Samalaju Industrial Park to manufacture food phosphates, animal feed phosphates and fertiliser phosphates for use in local and export markets.

Signing for the agreement were Sarawak Energy’s chief executive officer Datuk Torstein Dale Sjotveit and Malaysian Phosphate Additives (Sarawak) Sdn Bhd’s director Wu Sor Hwa.

According to Sjotveit, Sarawak Energy has created an avenue for foreign investors and local players alike to increase their presence through renewable energy in Sarawak.

“The steady pace of investment shows investors’ confidence in the state which contribute positively towards the State’s development and the country’s economy in the long run,” he said.
Wu also commented that they look forward to grow and sustain this affiliation with the green
energy power house in Sarawak while expanding their business frontier.

“In the present era of technology, it is imperative that we keep ourselves aligned to a more efficient and effective source of energy whilst moving forward.” Wu said.

Under the SCORE initiative, the government is implementing a comprehensive plan to develop the state’s economy and financial strength by attracting foreign investments and creating employment in energy intensive industries via its generating of bulk renewable energy.

To support this, Sarawak Energy is committed towards harnessing the abundant hydroelectricity resources in a sustainable manner, compliant with Sarawak and Malaysian law and guided
by international best practices.

This will result directly in the people of Sarawak enjoying higher income and improved standard of living.

Sarawak Energy’s projections indicate that by the middle of the next decade, residential, retail and commercial customers in Sarawak will require 2,000 MW while SCORE customers will consume at least 6,000 MW.

The State’s GDP is expected to expand 5-fold by 2030 when SCORE is fully operational and an approximately 1.6 million jobs to be created.

Our beloving P Ramlee said " Irama dan lagu tidak boleh di pisahkan". Think about this, SCORE and SCable?? What is the future of SCable?? Abundance!

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-02-14 04:09 | Report Abuse

Analysts Neutral On Taib-Linked Companies reported by The Business Times.

Analysts are neutral on companies linked to Sarawak Chief Minister Tan Sri Abdul Taib Mahmud and expect policy continuity in the resource-rich state under Taib's successor.

They said these companies have strong fundamentals and the state's new development area, the Sarawak Corridor of Renewable Energy (SCORE), will progress as planned.

Meanwhile, Maybank IB Research has maintained its "neutral" rating on Sarawak following Taib's decision to retire, saying it expects policy continuity and SCORE to proceed.

All aboard!

JCool

961 posts

Posted by JCool > 2014-02-14 08:16 | Report Abuse

SCable is mid bull......

http://klse.i3investor.com/blogs/bursamalaysiashares/46335.jsp

Hop in quick..... super bull coming...

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-02-14 12:34 | Report Abuse

Vrooom, vroooom! Bugatti Veyron in the making.....

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-02-14 14:34 | Report Abuse

Scable steady at 1.52 this morning.

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-02-14 16:32 | Report Abuse

Good buying interest. Buying selling 3:1.

tewnama

4,251 posts

Posted by tewnama > 2014-02-14 16:35 | Report Abuse

jena, kasihan u. u aje yg beri comment di sini. tak apa. bila harga lompat, akan ada banyak kawan join kamu di sini

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-02-14 17:42 | Report Abuse

No need bro. Sharing is caring.

JCool

961 posts

Posted by JCool > 2014-02-16 20:00 | Report Abuse

It is all abt Kajang now.... dust settled in Sarawak... baligal is as good as SCables..... hop in now.... SCable is mid bull..

tewnama

4,251 posts

Posted by tewnama > 2014-02-17 11:46 | Report Abuse

bila masa orang tak peduli saham ini, itu lah masa terbaik beli. bukan nya baru beli bila orang ramai ramai dah goreng. 1.52 kira harga ok

Posted by Gr Gong Ryong > 2014-02-17 14:04 | Report Abuse

so sadddddddd with this share laaaaaa

Posted by Gr Gong Ryong > 2014-02-17 14:04 | Report Abuse

holding 6 digit worth of stock, paper loss 5 digits. fantastic lo

Posted by Gr Gong Ryong > 2014-02-17 14:19 | Report Abuse

i lost hope but still holding haizzz

tewnama

4,251 posts

Posted by tewnama > 2014-02-17 14:21 | Report Abuse

berapa lama sudah pegang?

Posted by Gr Gong Ryong > 2014-02-17 14:29 | Report Abuse

last year september lo

Posted by Gr Gong Ryong > 2014-02-17 14:30 | Report Abuse

cost relatively high some more leh

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-02-17 21:18 | Report Abuse

Good time to average down bro. Prospect is still good.

upsidedown119

4,326 posts

Posted by upsidedown119 > 2014-02-18 21:31 | Report Abuse

Very good idea!

Posted by Gr Gong Ryong > 2014-02-19 11:08 | Report Abuse

already average down another 200 lots at 1.50. total holding 800 lots now. woohoo. sad or to be happy ? 1 sen movement is 800rm lah.... can i be considered as 1 of the small ikan bilis shareholder ah ?

tewnama

4,251 posts

Posted by tewnama > 2014-02-19 11:10 | Report Abuse

u Nampak banyak kaya. nilai saham RM1.2 juta.

5231428

610 posts

Posted by 5231428 > 2014-02-19 11:12 | Report Abuse

Report coming out soon.

5231428

610 posts

Posted by 5231428 > 2014-02-19 11:41 | Report Abuse

buyers building up.

upsidedown119

4,326 posts

Posted by upsidedown119 > 2014-02-19 15:12 | Report Abuse

ding ding tiung! ding a ding a tiung! ding ding tiung! ding a ding a tiung! Balingals a-ngajating up!

upsidedown119

4,326 posts

Posted by upsidedown119 > 2014-02-19 15:19 | Report Abuse

But looks like someone accumulating between RM1.51-52. Nevertheless, keep accumulating. Scable can't stay down for long since upward pressure is building. Taib's son or daughter likely to run in Balingian. Either way, it's all in the family. Risk is always yours though.

Posted by Gr Gong Ryong > 2014-02-19 16:28 | Report Abuse

not million la. rm120k only . new style lot count

tewnama

4,251 posts

Posted by tewnama > 2014-02-19 16:53 | Report Abuse

oh.. kalau macam itu, semut shareholder aje bro

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-02-20 17:03 | Report Abuse

Semut inside sarang semut, Tewnama.

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-02-20 17:05 | Report Abuse

The Star reported that the Sarawak government is going ahead with the development of two major hydroelectric dams under its SCORE project.

Now more good news to make SCable a safe haven during difficult time.

Source: AmeSecurities

Deputy Chief Minister Tan Sri Alfred Jabu said the state is proposing to build Baram and Balleh dams with installed capacities of 1,200MW and 1,295MW respectively.

This would effectively bump up Sarawak’s hydro capacity to nearly 6,000MW. The target is for Sarawak to have potential hydropower resources totalling 20,000MW, with another 8,000MW coming from coal.

We understand that the Baram dam would be a roller compacted concrete type with its crest elevation set at 185MW.

On the other hand, Baleh would be a 204-metre high concrete faced rockfill dam with a gated chute channel spillway, an intake structure, five power tunnels as well as a power station housing five generator units.

Sarawak Energy Bhd’s (SEB) corporate communication manager Ahadiah Zamhari was recently quoted as indicating that the Baram dam’s social environmental impact assessment (EIA) study is in the final stage, and a report is near completion.

We are encouraged by this development. The roll-out of both dams will likely act as a positive lever to boost SCORE’s energy capacity to meet increasing power requirements of energy-intensive industries.

At the moment, power from the existing 2,400MW Bakun and 944MW Murum dams have been pre-sold.

While the exact timeline remains unclear, we expect both projects to be rolled-out within the next one to two years. This should have a spillover effect for local Sarawakian contractors.

Notably, Sarawak Cable (BUY, FV: RM2.33/share) could be a key beneficiary of more power transmission lines that SEB would likely need to construct to meet future power load capacity. Select contractors such as Hock Seng Lee (BUY, FV: RM2.40/share) and KKB Engineering (HOLD, FV: RM2.71/share) may also benefit from a portion of civil-related works for the dams.

Likewise, Bintulu Port (unrated) could benefit from increased throughput capacity once the new Samalaju port is ready.

upsidedown119

4,326 posts

Posted by upsidedown119 > 2014-02-20 17:13 | Report Abuse

SCABLE will stay down for a while since it is a laggard. So accumulate below RM1.6, and especially below RM1.5.

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-02-21 02:28 | Report Abuse

Huge potential....

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-02-21 02:30 | Report Abuse

Buy call from AM Securities!

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-02-21 11:39 | Report Abuse

This stock need to get more coverage from analysis houses, stock broking etc

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-02-21 15:52 | Report Abuse

Unusual strong queue shown to grab SCable at low price now. Sellers holding well at 1.52.

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-02-21 16:07 | Report Abuse

Almost 2000 new lots queuing!

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-02-21 16:09 | Report Abuse

Keep steady sellers, don't sell cheap. Good time is coming.

upsidedown119

4,326 posts

Posted by upsidedown119 > 2014-02-21 16:40 | Report Abuse

Here comes the push. Still got time to jump on board.

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-02-21 16:40 | Report Abuse

And it jumps!! Cepat!

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-02-22 13:28 | Report Abuse

Finale on Friday lompat katak tak cukup tinggi but okay. Monday will lompat galah pula?? Atau lompat jauh, let it be jauh jauh atas.

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-02-24 00:02 | Report Abuse

Lu ingat berapa tinggi dia jump besok?

Posted by Gr Gong Ryong > 2014-02-24 10:51 | Report Abuse

kaki patah dah

5231428

610 posts

Posted by 5231428 > 2014-02-24 14:49 | Report Abuse

Report out tonight.

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-02-25 08:41 | Report Abuse

Sudah keluar ke? Still no news?

upsidedown119

4,326 posts

Posted by upsidedown119 > 2014-02-26 12:48 | Report Abuse

What news?

newboy

745 posts

Posted by newboy > 2014-02-26 23:50 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2014/02/26/Sarawak-Energy-awards-RM619m-transmission-backbone-job/

"................The JV of China's Sinohydro and Trenergy Infrastructure, a wholly-owned unit of Sarawak Cable, will be entrusted to construct two sections of the 500kV backbone, namely Mapai to Lachau (Package B) and Lachau to Tondong (Package C), a statement said on Wednesday............"

upsidedown119

4,326 posts

Posted by upsidedown119 > 2014-02-27 00:24 | Report Abuse

This is as good as balingals and balingals yet to come!

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-02-27 01:45 | Report Abuse

"awarded the 500kV transmission backbone project, worth RM619mil"

Banyak tuuuuu!!!

newboy

745 posts

Posted by newboy > 2014-02-27 09:08 | Report Abuse

next challenge is the quarter report. :) lets hope its a decent 1.

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-02-27 10:24 | Report Abuse

Good chance it can close 1.55 today.

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